Blocktrade has started with the listing process for security and utility tokens, which consists of two stages: The first stage is the assessment review and analysis, and the second stage is the listing itself.
We are following existing guidelines and laws in Europe, and we can, therefore, not list all cryptocurrencies and utility tokens. If a token was offered to supporters or investors improperly and conflicts with regulations, it cannot be listed on Blocktrade.
This structure is why we are doing the due diligence process in-house and do not rely on a legal opinion that is usually provided when listing on exchanges. This also means that we will charge a fee for the process of researching the asset.
The following documents must be submitted for a utility token pre-listing:
- Issuer information
- Articles of association
- Certificate of incorporation
- Investors-facing documentation